NorthWest Biotherapeutics Inc (NWBO)

[TurdBlossom]

The merits of the arguments will not turn on the existence or absence of the footnotes. I believe the defendant attorneys are the intended audience and the purpose of the footnotes is to put them on notice that the clock is running, so they best set aside the usual civil procedure gamesmanship and Motions for Continuance and come to the table to negotiate in good faith.

So why bother including the footnotes at all? 1) Damages: it is one thing to violate security laws with a pre-revenue biotech versus spoofing a company that went on to develop an FDA approved cancer treatment. The cost to settle will only increase with regulatory agency approval(s).
2) Optics at a jury trial: Ask how many members of the jury have lost family or friends to cancer. Remind the jury that Citadel had such a profitable 2022 that Ken Griffin treated 10,000 staff and their families to party at Walt Disney World in Florida for three days of celebrations.